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<span style="font-family:arial,helvetica,sans-serif;"><span style="font-size:medium;"><span class="s1">The university is in the process of constructive a massive downtown innovation center that will host startups and laboratories. There are also several access points to serious funding but access to those sources are restricted. Take the NYS business plan competition. The winner receives a grant of half a million dollars but the competition is intense and no student from Binghamton has even gotten close to winning. There are ample events for networking but, as far as investors and capital goes, let's just say that most startups are forced to go lean for a long time.</span></span></span>
== <span style="font-family:arial,helvetica,sans-serif;"div><span style="font-size:large;"><span class="s1">'''Engaging With Regional and Local Economic Development Efforts'''</spandiv></span></span><br/> == <span style="font-size: larger; font-family: arial, helvetica, sans-serif;"><font color="#000000"><span style="white-space: pre-wrap;"div>Most students on campus are not heavily involved with the surrounding community, as entreprenurship resources are underutilized. Additionally, there exists a "bubble" around the university; most students are unaware of the food desert and detriments of gentrification. Most citizens of Binghamton are driven out of their housing as a result of spiking rental rates, because students can afford to pay more. Despite these negative circumstances, there are gradual changes being made.</spandiv><div><br/font></spandiv> <span style="font-size: larger; font-family: arial, helvetica, sans-serif;"div>Many students are unaware of the economic situation of the surrounding area; additionally, they do not know how to engage with the surrounding community. Despite having several resources in which the community can be engaged, they are underutilized. Our </span>'''[https://www.binghamton.edu/research/innovation/ Office of Innovation and Entrepreneurship]'''<span style="font-size: larger; font-family: arial, helvetica, sans-serif;">, </span>'''[https://www.binghamton.edu/cce/ Center for Civic Engagement], '''<span style="font-size: larger; font-family: arial, helvetica, sans-serif;">and others seek to connect the university to the surrounding area.</spandiv><div><br/> <span style="font-family:arial,helvetica,sans-serif;"/div><span style="font-size: larger;"div>Our economic programs have grown substantially in the past few years; in June of 2017, the Koffman Southern Tier Incubator opened. This incubator was created with New York state funding in order to bolster the economic conditon of the state and several of the communities, many of which exist under the poverty line. The incubator seeks to collaborate with community organizations in order to promote commerce within the state. You can learn more about it [https://www.binghamton.edu/news/story/664/koffman-southern-tier-incubator-celebrates-grand-opening here].</span></spandiv>==
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